Bitcoin is not a bubble, and I really think you have a lack of understanding about how bitcoin works in order to say that. I really don't think it will go to 2k again, but even if it goes there I don't think it will be a problem. People are just panic selling now, because the major China exchanges already said they will suspend trading at the end of the month. But they will get a license eventually and re-open and things will just go back to normal. This is not the end for BTC, I think it's just a good opportunity to buy again at a cheap price.